3M India Dividend
Dividend criteria checks 3/6
3M India is a dividend paying company with a current yield of 0.33% that is well covered by earnings.
Key information
0.3%
Dividend yield
21%
Payout ratio
| Industry average yield | 0.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | ₹484.94 |
| Dividend yield forecast in 3Y | 0.8% |
Recent dividend updates
Recent updates
With EPS Growth And More, 3M India (NSE:3MINDIA) Makes An Interesting Case
May 01
3M India Limited's (NSE:3MINDIA) Shareholders Might Be Looking For Exit
Apr 11Investors Should Be Encouraged By 3M India's (NSE:3MINDIA) Returns On Capital
Feb 18With EPS Growth And More, 3M India (NSE:3MINDIA) Makes An Interesting Case
Jan 083M India Limited's (NSE:3MINDIA) Shares May Have Run Too Fast Too Soon
Dec 21Capital Investment Trends At 3M India (NSE:3MINDIA) Look Strong
Nov 05These 4 Measures Indicate That 3M India (NSE:3MINDIA) Is Using Debt Safely
Sep 063M India (NSE:3MINDIA) Might Be Having Difficulty Using Its Capital Effectively
Jul 15We Ran A Stock Scan For Earnings Growth And 3M India (NSE:3MINDIA) Passed With Ease
Jun 27The Returns On Capital At 3M India (NSE:3MINDIA) Don't Inspire Confidence
Apr 08Does 3M India (NSE:3MINDIA) Deserve A Spot On Your Watchlist?
Mar 213M India (NSE:3MINDIA) Has A Rock Solid Balance Sheet
Mar 063M India (NSE:3MINDIA) Is Reinvesting At Lower Rates Of Return
Dec 22Here's Why We Think 3M India (NSE:3MINDIA) Is Well Worth Watching
Dec 01Does 3M India (NSE:3MINDIA) Have A Healthy Balance Sheet?
Aug 14Capital Allocation Trends At 3M India (NSE:3MINDIA) Aren't Ideal
Jul 243M India Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Jun 013M India (NSE:3MINDIA) Could Easily Take On More Debt
Mar 303M India (NSE:3MINDIA) Will Want To Turn Around Its Return Trends
Mar 04Some Investors May Be Worried About 3M India's (NSE:3MINDIA) Returns On Capital
Nov 29Returns On Capital At 3M India (NSE:3MINDIA) Paint A Concerning Picture
Aug 193M India (NSE:3MINDIA) Will Will Want To Turn Around Its Return Trends
May 11Should You Be Impressed By 3M India's (NSE:3MINDIA) Returns on Capital?
Nov 033M India Limited's (NSE:3MINDIA) Stock Is Going Strong: Is the Market Following Fundamentals?
Aug 24
Do Institutions Own 3M India Limited (NSE:3MINDIA) Shares?
Jul 27Many Would Be Jealous Of 3M India's (NSE:3MINDIA) Returns On Capital
Jul 06Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Too early to tell whether 3MINDIA's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 3MINDIA's dividend payments are increasing as they only just started paying a dividend.
Dividend Yield vs Market
| 3M India Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (3MINDIA) | 0.3% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.2% |
| Industry Average (Industrials) | 0.3% |
| Analyst forecast in 3 Years (3MINDIA) | 0.8% |
Notable Dividend: 3MINDIA's dividend (0.33%) is higher than the bottom 25% of dividend payers in the Indian market (0.26%).
High Dividend: 3MINDIA's dividend (0.33%) is low compared to the top 25% of dividend payers in the Indian market (1.18%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (20.6%), 3MINDIA's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (18.1%), 3MINDIA's dividend payments are well covered by cash flows.